CBRE's Reardon and Daglio broker $975,000 sale for Hendricks Comm'l.
CB Richard Ellis, has brokered the sale of 25 West St. on behalf of Hendricks Commercial Properties for $975,000. CB Richard Ellis' Mark Reardon, executive vice president/partner and Robert Daglio, SIOR and senior vice president/partner, represented the owner, Hendricks Commercial; Kathleen Joppru of Prudential Conn. Realty represented the buyer, Swanson Holdings, LLC.
"25 West St. is an excellent industrial facility and we wish to thank CB Richard Ellis, in particular Mark Reardon, Bob Daglio and Diane Harris, for their assistance throughout this transaction," said Jim Reseburg of Hendricks.
25 West St. is 30,736 s/f industrial warehouse located near I-384. Built in 1990, the property is on 7.5 acres and is adjacent to Manchester.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in